SPX intraday update (Part 1)
Friday, January 30, 2009
So far so good :)...
DAX daily update
DAX must fall fast and harder to invalidate this "ending diagonal triangle".
SPX daily update
This is my preferencial count due the trend line was broken so i think we maybe started the wave iii. However, i will wainting values above the X wave.
So... maybe is also only a (b) wave of this last movement and SPX may finished this wave near os 88x's (if c=a).
On other hand, in cash, SPX maybe will do H&S.
SPX intraday update (Part 3)
Thursday, January 29, 2009
I see alot waves interceptions so i think this is only a corrective wave. But if we broke consistely the 848 points mayby i must chanche my count.
SPX intraday update (Part 2)
Looks like a corrective wave and similar that i showed last night.
DAX daily update
I think in DAX we will see the wave iv during the morning of tomorrow.
SPX daily update
SPX may extend a little more this upside wave. The fall before the close seams more corrective and typical of wave iv. In this wave iv i made two possible counts but i prefer the abcde count because usually these kind of waves are more complex. Possible final target of this upside (wave ii) about 88x-89x points.
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